Topic: Is Bitcoin money? - page 94. (Read 112169 times)
Yes in my knowledge bitcoin can be said as money, but money or currency it's digital and can be transacted like as well as real money. Bitcoin can be spend after we cash out it.
Yes, I would say that bitcoin can easily be classified as money. Wow this thread was posted a long time ago, and with that time change has also come.
Bitcoin has certainly changed a lot during this 7 year interval. Bitcoin has basically become a currency by this time and it is easily usable online. Many few major retailers online now accept bitcoin, however the majority don't, which is soon to change.
Bitcoin has certainly changed a lot during this 7 year interval. Bitcoin has basically become a currency by this time and it is easily usable online. Many few major retailers online now accept bitcoin, however the majority don't, which is soon to change.
In my point of view Bitcoin is can be consider as money already, base on my experience now all my expenses honestly speaking was came all into bitcoin, even my savings, and I also used as mode of payments in terms of my billings every month. And we had also here several merchants who accepted bitcoin as payment whether restaurant, coffee shop, convenient store outlet, and travel tour online and shopping online too. 
I strongly agree with your point though it is not the one you can hold physically it still can be considered as money since it can now be used to deal with payments. Maybe it is time to update the meaning of money which includes bitcoins as one.
You can buy things with the help of paper money, you can transfer it and you pay your bills. Same way you can buy things with the help of bitcoin, you can transfer it and you can pay your bills. On the other hand gold which we call commodity, with the help of it we made our investment which people thought was very secure but today bitcoin is the most secure and profitable investment. So bitcoin is the future for money and gold both.
The moment people who are active in spending their money know about bitcoin, I am sure they are gonna appreciate the system and eventually adopt from it, actually if only in my country bitcoin is widely accepted them I would sure prefer to just leave my cash in my house and use my phone to transact.
In my point of view Bitcoin is can be consider as money already, base on my experience now all my expenses honestly speaking was came all into bitcoin, even my savings, and I also used as mode of payments in terms of my billings every month. And we had also here several merchants who accepted bitcoin as payment whether restaurant, coffee shop, convenient store outlet, and travel tour online and shopping online too.
I strongly agree with your point though it is not the one you can hold physically it still can be considered as money since it can now be used to deal with payments. Maybe it is time to update the meaning of money which includes bitcoins as one.
You can buy things with the help of paper money, you can transfer it and you pay your bills. Same way you can buy things with the help of bitcoin, you can transfer it and you can pay your bills. On the other hand gold which we call commodity, with the help of it we made our investment which people thought was very secure but today bitcoin is the most secure and profitable investment. So bitcoin is the future for money and gold both.
Bitcoin is a real money. If we thank about money its something just use to pay someone. You can hold money u will not get any benefit but bitcoin is something which can change your future by holding.Bitcoin has proved already what his value is! so bitcoin is real money....
Bitcoin can do what money can do for you. You can purchase things online, you can transfer (exchange) the bitcoins to your bank account. So the main difference is the definition that we use for the term “Money” or “Commodity” like gold. All the other things that you can done with the help of paper money or gold can also be achieved with the help of bitcoin.
Yes it is.
Now you can use bitcoin instead of paper money. there are so many sites which accept bitcoin and sell products.
Sooner bitcoin will be used as a globel currency for sure.
Now you can use bitcoin instead of paper money. there are so many sites which accept bitcoin and sell products.
Sooner bitcoin will be used as a globel currency for sure.
I do not consider gold to be money. You can't go and buy most goods and services with gold. Gold is a commodity, dollars are money.
Bitcoin is a virtual currency. It has more in common with paypal than it does with dollars or with gold. I wouldn't really call it money until it is more widely accepted as payment for goods and services.
Bitcoin is a virtual currency. It has more in common with paypal than it does with dollars or with gold. I wouldn't really call it money until it is more widely accepted as payment for goods and services.
When there was no cash, gold or silver was the most common trading methods at the time. However, at present, gold is a commodity that is purchased for decoration, beauty or hoarding.
Somehow for me gold was asset. We could still see some changes on the value of gold this days. even bracelets and necklace made out of gold are getting a high value when time past by.
Price do really changes just like on other valuable items here on physical world and this is the beauty of bitcoin and this is why im amazed and decided to engage with it.
I do not consider gold to be money. You can't go and buy most goods and services with gold. Gold is a commodity, dollars are money.
Bitcoin is a virtual currency. It has more in common with paypal than it does with dollars or with gold. I wouldn't really call it money until it is more widely accepted as payment for goods and services.
Bitcoin is a virtual currency. It has more in common with paypal than it does with dollars or with gold. I wouldn't really call it money until it is more widely accepted as payment for goods and services.
When there was no cash, gold or silver was the most common trading methods at the time. However, at present, gold is a commodity that is purchased for decoration, beauty or hoarding.
Somehow for me gold was asset. We could still see some changes on the value of gold this days. even bracelets and necklace made out of gold are getting a high value when time past by.
I do not consider gold to be money. You can't go and buy most goods and services with gold. Gold is a commodity, dollars are money.
Bitcoin is a virtual currency. It has more in common with paypal than it does with dollars or with gold. I wouldn't really call it money until it is more widely accepted as payment for goods and services.
Bitcoin is a virtual currency. It has more in common with paypal than it does with dollars or with gold. I wouldn't really call it money until it is more widely accepted as payment for goods and services.
When there was no cash, gold or silver was the most common trading methods at the time. However, at present, gold is a commodity that is purchased for decoration, beauty or hoarding.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Yes. Actually it is different from real money because it can only access with the help of internet. And through it you can buy things online without hassle. 
What can money do and what bitcoin can not do? I think bitcoin is now more as a transaction tool, many people have also used it. So yes bitcoin is like money to me.
Bitcoin is money in form of digital, bitcoin can do what fiat can do, but fiat can't do some of what bitcoin can do. Not all of fiat transactions can be recorded but all transactions using Bitcoin is recorded. So Bitcoin is money in form of digital which better than fiat. 
What can money do and what bitcoin can not do? I think bitcoin is now more as a transaction tool, many people have also used it. So yes bitcoin is like money to me.
I think they have the same aspect when it comes to its usage, as long as currency is involved I think its pretty much the same. But when it means in the transaction like in online I'm pretty much Bitcoin would have to still be converted to Fiat to be transacted.What can money do and what bitcoin can not do? I think bitcoin is now more as a transaction tool, many people have also used it. So yes bitcoin is like money to me.
I think they have the same aspect when it comes to its usage, as long as currency is involved I think its pretty much the same. But when it means in the transaction like in online I'm pretty much Bitcoin would have to still be converted to Fiat to be transacted. 
Bitcoin is a real money. If we thank about money its something just use to pay someone. You can hold money u will not get any benefit but bitcoin is something which can change your future by holding.Bitcoin has proved already what his value is! so bitcoin is real money....
Well, at the very least, if it isn't money you can easily convert them to money. They are a very liquid asset. But it is true that not many regular people would accept them as a payment.
There could be changes to the way we are making transactions. Bitcoin or blockchain for the instance was made for the sae thing, "making transaction more secure and simpler" than the traditional one. They are very simple and sober if you look from the perspective of volume, time etc. No banking system in the world can compete this method of transaction. The decentralised nature also gives us freedom to choose the any amount of transaction per day!
People will accept it when it becomes handy to operate. I agree that for now we have to go through title hassle like internet, wallets and three minimum confirmations but it is worth that and there will be monology with this technique real soon.
What can money do and what bitcoin can not do? I think bitcoin is now more as a transaction tool, many people have also used it. So yes bitcoin is like money to me.
He kept insisting that "if there is no guarantee, it's worthless".
Have you tried showing him that they are already worth around 0,06USD each ?Actually, try to explain what value is... gold itself has no "guarantee"... nobody can really guarantee people will keep valuing gold.
Got anymore of those 0.06 cent coins I can buy off you caveden?
😋
I think Bitcoin is money because it can be used as a means of payment.
Bitcoin also has properties similar to gold because the price is often up and down.
Bitcoin is only in the form of a digital currency.
In my country bitcoin is not yet a legitimate currency.
Bitcoin also has properties similar to gold because the price is often up and down.
Bitcoin is only in the form of a digital currency.
In my country bitcoin is not yet a legitimate currency.
According to my research, yes because every currency is used as money. Bitcoin is a digital currency and also a pure commodity that not only acts but in real world is used also as payment. In my opinion, everything that is used as payment is money.
Some do say that bitcoin is just an asset, maybe for some reason, bitcoin is not a currency because it lacks some characteristics to be accepted as a currency but I think that it is not needed in order to use it as a real currency.
Some do say that bitcoin is just an asset, maybe for some reason, bitcoin is not a currency because it lacks some characteristics to be accepted as a currency but I think that it is not needed in order to use it as a real currency.
Depending on their own understanding because bitcoin can indeed achieve these two functions, though not yet legal in all countries, bitcoin is a virtual currency with tremendous trading volume, this can not be underestimated because a country like japan has legalized it, many countries will do the same thing and determine the right rules.
According to my research, yes because every currency is used as money. Bitcoin is a digital currency and also a pure commodity that not only acts but in real world is used also as payment. In my opinion, everything that is used as payment is money.
Some do say that bitcoin is just an asset, maybe for some reason, bitcoin is not a currency because it lacks some characteristics to be accepted as a currency but I think that it is not needed in order to use it as a real currency.
Some do say that bitcoin is just an asset, maybe for some reason, bitcoin is not a currency because it lacks some characteristics to be accepted as a currency but I think that it is not needed in order to use it as a real currency.
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